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0 pointsWinterflow3r4y ago0 comments

Hej! I was a contractor in the UK before I moved to Stockholm (also severe lack of social life which is why I need to get out asap) and I'm curious, was your comp the same in the EU as an IT consultant as US employment with stock? Because the highest daily rates I was able to find in the UK were usually somewhere around 650-900 GBP per day which would still put you below US comp with RSU.

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mclightning4y ago· 2 in thread

just to check if we are doing the math same way;

650gbp x (365 per year - 30 vacation days) = 217750 gbp

Isn't that already very high? in comparison to some US salary?

tomduncalf4y ago

You’re including weekends in your calculation :) I believe OP is talking about contract/freelance work where you only get paid for the days you work.

For a fair comparison vs a full time job in the U.K. when I compared the two recently, I was using 226 working days per year (261 week days - 8 bank holidays - 27 paid holiday days). Of course if you don’t want to take so much holiday or want to and can work weekends then you’ll earn more!

650 x 226 is £144,460 for the record, still nothing to complain about!

mclightning4y ago

Ah sorry, you're right. I wrongly added the weekends there. But you get the idea. It is still not much lower than US salaries. Note that also we are using the lowest hourly rate here with 650gbp.

Working as a consult comes with its own risks (not much worker rights, very little or no notice period when terminated etc). But those risks are not too bad when you consider how little worker rights one has in US.

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mclightning4y ago

I can't speak from experience for US, but from what I read/heard online; SW. Engs. salaries there range from 90K to 250K. I just turned down an offer of a contract annually adding up to 220K$ roughly (total into my company before MOMS/VAT), because people are extremely antisocial here, and I ran out emotional patience/capacity. I just really can't anymore and need out asap. After 8 years here, I barely have a social circle to throw a birthday party. I moved here as a Tech Evangelist, very sociable person and my social skills has and is diminishing away.

650-900gbp per day sounds similar to southern Sweden. Hourly rates here go between 750 to 1300 sek.

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